Updated 9 days ago
Midtown West, Manhattan | Seventh Ave & Eighth Ave
Mixed Use

$55,000,000
floors14
Lot Size75'x98'8"
Built Size75' wide
ZoneM1-6
Building TypeLoft
RE Taxes$852,960

Building Amenities

  • Elevator

Property Description

B6 Real Estate Advisors has been retained exclusively to market 256 West 38th Street New York, New York for sale. The Property is an apprx. 117,000 RSF modernized loft office and retail building on the south side of 38th Street between Seventh and Eighth Avenues in Manhattan. The Property presents a unique opportunity to acquire an institutional-quality asset with significant in-place cashflow, high occupancy and little to no required capital expenditures.

Listing History

Now
12/13/2022
$55,000,000
Initial Price by Alex K. Woodlief
B6 Real Estate Advisors
Launch

Building Details

OwnershipMixed Use
Building TypeLoft
AgePre-War
AccessElevator
Year Built1924
Floors14
Learn More About the Building

Contact Agents

Contact Agents

Alex K. Woodlief
B6 Real Estate Advisors
Brock A. Emmetsberger
B6 Real Estate Advisors
View this property on the company's website

Midtown West | Manhattan

Quick Profile

People, yellow cabs, bright lights, big crowds, 24-hour eateries and just about every type of store imaginable. it’s a frenetic buzz that only a few places on the globe can offer. And that’s just one part of it. Midtown West is the birthplace of hustle and bustle and it’s bordered by 42nd to the south, 59th Street to the north, 8th Avenue to the west, and 5th Avenue to the east. 

Midtown West is not as residential as other neighborhoods in Manhattan. The bustling part of Midtown West is 42nd Street between Times Square and 8th Avenues where the retail and office space, theatres, and attractions are. No matter what time of day it is, you'll always find activity there. 

Residential buildings lay near the western end of Midtown West beginning around 8th Avenue. 

Location, location, location. Of all the neighborhoods and enclaves of Manhattan, Midtown West is perhaps the most commutable place to live, visit, or work. It contains one of the highest concentrations of subway lines in the Big Apple. A, C, E, N, Q, R, 1, 2, 3, and the 7 train. The transit system feeds the streets with commuters from everywhere. The Port Authority Bus Terminal and nearby Penn Station adds to the number of people that flood Midtown on any given day. 

It’s one of the easiest places in all of Manhattan to navigate because it’s a true grid. Uptown, street numbers go up. Downtown, street numbers go down. It’s the same concept from east to west. You really can’t get lost in Midtown West.

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 89106TH